Hong Kong and Macau Financial Regulatory Authorities Sign Revised Memorandum of Understanding to Further Strengthen Cooperation

The Hong Kong Monetary Authority and the Macau Monetary Authority representatives met today (March 3), exchanging views on further strengthening multi-dimensional financial cooperation between the two regions. During the meeting, they jointly signed a revised Memorandum of Understanding. The HKMA and the Macau Monetary Authority have maintained close cooperation in banking regulation for many years. The revision of the Memorandum mainly builds on the original cooperation framework, adding new sections on financial infrastructure collaboration, information exchange and interaction in currency and data statistics, industry cooperation training, and exchanges, to further expand the scope of the memorandum. (Jiemian News)

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